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Chapter 524 Foreign Exchange Notes(1/2)

"Bah bang bang!"

At this time, someone was outside knocking on the door.

"Third sister, who are you going to see?" Mom said to the third sister.

"oh!"

The third sister agreed, quickly stood up from her chair, and ran out.

Soon the third sister came back, followed by the old factory director.

The old factory director probably knew that Fangyuan was back, so he ran over to find him.

"Director, why are you here?" Seeing the director come in, my mother quickly stood up and asked.

"I have something to do with Fangyuan."

"Oh! Please sit down quickly." Mom pulled up a chair and said.

"Yeah! Thank you!"

After the old factory director sat down, he looked at Fangyuan and asked, "Do you have time? Let's chat if you have time."

"Yes, I just finished eating."

"Then let's go!"

"Yeah! Okay." Fangyuan stood up after saying that.

Seeing Fangyuan standing up, the old factory director also stood up and casually said goodbye to his master and Wang Lin.

"Master, Mom, I'm going out for a moment, you don't have to wait for me."

"Well! Go ahead!"

The two people came outside the hospital. Fangyuan glanced at the old factory director and asked, "What do you want from me?"

"Fang Yuan, this is not the place to talk. Let's find a place to talk!" the old factory director looked around and said.

"Oh well!"

Although it was already dark, there were many people outside, especially on the street in the middle of the courtyard.

The reason for this is because the weather is too hot and everyone comes out to enjoy the cool air.

Although it is hot outside, it is somewhat windy, much stronger than inside.

To put it bluntly, we are still poor. Otherwise, even if we cannot afford an air conditioner, we can just buy an electric fan!

However, few people buy the homes of woolen mills. It’s not that they can’t afford it. An electric fan doesn’t cost much. You can still squeeze out the money, but the electricity bill is expensive!

This means you can't afford to buy it. An electric fan costs at least ten yuan a month in electricity bills.

"Let's go to the office!" the old factory director said when he saw people coming and going on the street.

"Yes! Okay." Fang Yuan nodded and agreed.

At this time, it is probably relatively quiet inside the woolen mill. In the past, when the woolen mill was very profitable, there would be people working day and night.

But now, at night, the woolen mill becomes extremely quiet. Not to mention the sound of machines, there are no people at all.

The two people quickly arrived at the factory office, where the factory director's office was also located.

The old factory director opened the door to the office, turned on the light, and said to Yuan Yuan: "Come in!"

Fangyuan nodded and followed the old factory director into the office. The old factory director picked up the thermos from the office and poured two jars of water.

"Sit down," the old factory manager said, placing an enamel jar in front of Fangyuan.

Fangyuan didn't have to be polite and sat down directly. Then he looked at the old factory director and asked, "Can you tell me why you asked me to come out now?"

Hearing Fangyuan ask this, the old factory director's face looked a little ugly, but he still said: "Fangyuan, the method you mentioned before doesn't work!"

"Uh!" Fangyuan pretended to be stunned and asked, "What's wrong? What's the problem again?"

The idea came from Fangyuan and was calculated by him. How could he not know what went wrong?

It can be said that the reason why he asked this was completely intentional. To put it bluntly, he wanted the old factory director to say it himself.

"Fang Yuan, it's like this. According to your plan, the woolen mill obtained financing, but the result was not ideal." The old factory director said with a wry smile.

"Oh! Why is this not ideal?"

Hearing Fangyuan's question, the old factory manager opened the drawer, took out a piece of paper and handed it to Fangyuan and said, "You'd better take a look at this first!"

Fangyuan took the letter and looked at it, and also frowned. Although he was mentally prepared, he still couldn't believe it.

After reading it, Fangyuan pressed the letter on the desk and said, "No way! That's it?"

The old factory director gave a wry smile and said: "With this and the subscription of arrears of wages, we actually only received more than 22 million yuan."

More than 20 million sounds like a lot, but for a large factory with six to seven thousand employees, it's really not much.

You must know that the entire woolen mill, including retired employees, has 20,000 people, and based on the street salary, it is 37.5 yuan.

The monthly salary of 20,000 people is more than 700,000 yuan. The two million yuan is just over two years' salary for all workers.

Don't forget, the factory is basically shut down now. If you want to restore it to the previous situation, it is estimated that you will need at least 50 million.

It can be said that more than 20 million is far from enough. At most, it can only allow the factory to operate in a semi-production state. However, in this case, it still cannot solve the fundamental problem.

"In other words, there are more than 100 million shares that no one has subscribed for?"

"To be precise, there are still more than 103 million shares that no one has subscribed for," the old factory director said with a sigh.

"Why is there such a big difference!" Fang Yuan frowned.

According to Fangyuan's original idea, excluding the wages owed by the factory, there would be at least about 50 million subscriptions.

In that case, the factory can basically resume full production. In that case, I can subscribe for the rest. With this money, the woolen mill can definitely go to a higher level.

But he never imagined that, including the wages owed, he would only subscribe for a total of more than 26 million yuan.

You know, the salary owed alone is over four million.

Yes, everyone has no money, but some people have money! For example, those retired workers.

They have worked all their lives and have more or less savings in their hands.

According to the current subscription situation, each person on the street will only pay a little over a thousand yuan, which also includes subscriptions for wages owed.

"You ask me, who am I asking?" the old factory director said with a wry smile and spread his hands.

"Uh!" Fangyuan was stunned for a moment, and then asked, "Is there anyone who hasn't subscribed?"

"It's impossible. It's been more than 20 days, and there have been several meetings in the meantime. It's basically impossible that no one has subscribed." The old factory director shook his head and said.

"Then what are your plans now?" Fangyuan looked at the old factory director and asked.

The old factory director also glanced at Fangyuan, gritted his teeth and said, "If it doesn't work, we can only absorb social funds."

"Social funds! Director, you don't mean to finance the society, right?" Fangyuan said to the old factory director in surprise.

"What else?"

To be honest, Fangyuan really doesn't want so many shares. The total shares of the wool spinning factory are 260 million. If he subscribes for all the rest, it will be more than 103 million shares.

Calculated based on 100 million shares, that accounts for 38.5% of the total shares. This is too much.

As someone who came from the 21st century, Fangyuan knows very well that having too many shares is not a good thing.

Of course, this is talking about the present. If it is the future, then of course the more the better.

As the saying goes, the first shot kills the bird. As an individual, if he suddenly takes up nearly 40% of the shares of a large state-owned factory, this is not a good thing, but will cause trouble for himself.

Originally, according to Fangyuan's plan, it was most appropriate for him to account for 20%.

Now it seems that this is impossible. Fangyuan will never let the old factory director raise social funds.

Let’s put it this way! If it’s just employees of the woolen mill, then it’s fine. But once outsiders get involved, it changes.

At that time, they will say that they are also shareholders, and then arrange for some people to come in, which will probably make the woolen mill a mess.

This is something Fangyuan absolutely does not want to see. If this is the case, then he can only subscribe for all the remaining shares.

"Okay, old factory manager, I subscribed for the remaining shares, but I can't come up with so much money at once. Give me a month, at most, and I'll get the money together."

"Ah! Fangyuan, you...are you telling the truth?"

"certainly."

"Hahaha! Okay, then I'll give you a month." The old factory director said excitedly.

Hearing what the old factory director said, Fangyuan stood up and said, "It's settled, I'll go collect the money right now."

Fangyuan is rich, but the money in his hands is basically U.S. dollars and not much RMB.

Even if he adds the 6 million he just blackmailed from Hongmen, he only has less than 20 million yuan in hand, which is far from 100 million yuan.

If you want to collect the money within a month, you can only exchange it for some US dollars. To be honest, Fangyuan is really reluctant to part with it!

Because at this time next year, foreign exchange coupons will come out, and by that time, the American knife in his hand will be even more valuable.

If exchanged now, one U.S. dollar can be exchanged for up to two and a half to three yuan in RMB. However, after the foreign exchange certificates are released, one dollar of foreign exchange certificates can be exchanged for up to three and a half yuan.
To be continued...
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